Multiple Choice
Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitrage opportunity?
¥129.87/$
Euro 1.1226/$
Euro 0.00864/¥
A) ¥115.69/euro
B) ¥114.96/euro
C) $0.8908/euro
D) $0.0077/¥
Correct Answer:
Verified
Correct Answer:
Verified
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